ANNOUNCEMENT 14 Feb 2014In February 2014, the government of China announced a change in import duties.
NUMBER OF INTERVENTIONS
Letter from Ministry of Finance (in English)
Letter from Ministry of Finance (in Chinese)
On 14 February 2014, the Chinese Ministry of Finance announced it would exempt three Chinese oil companies from the import tax on liquified natural gas. The three entities involved are China National Petroleum Corporation, China Petrochemical Corporation and China National Offshore Oil Corporation.
The exemption is retroactively in force since 1 January 2014.